ICG explores single-asset continuation fund for fire protection asset
ICG and Kirkbi A/S acquired Minimax in 2014 with ICG and co-investors acquiring Kirkbi's stake in 2018.
Coller, Ardian and Glendower emerge as backers of Permira’s multi-asset deal
Permira is moving five assets into a continuation fund including US customer experience solutions provider Genesys, which was previously part of a continuation fund transaction in 2020.
Goldman PE group runs big single-asset process on healthcare business
While demand among GPs for liquidity options to pay back LPs in older funds is strong, the limiting factor is the relatively small pool of capital available for such deals.
CVC seeks single-asset continuation fund for Italian university group
The buyout giant initially backed Multiversity in 2019 before acquiring 100% of the online university group in 2021.
Adams Street, Barings, Kline Hill co-lead on transportation asset CV
The deal involves transferring an asset to a continuation fund managed by TRP Capital, a lower mid-market player with no prior engagement in GP-led secondaries.
Vestar seeks liquidity from Circana investment in $1bn-plus single-asset deal
GP-led deals represented about 44% of the approximately $109bn in total volume last year, with single-asset transactions representing the majority of such deals.
Blue Earth plans secondaries impact strategy, inks portfolio acquisition
Blue Earth’s secondaries strategy – part of its soon-to-launch multi-strategy fund – has just acquired a portfolio of fund stakes from a UK development finance institution.
KSL Capital sees strong growth ahead after $3bn Alterra single-asset deal
The Morgan Stanley-advised process on ski resort Alterra Mountain was backed by investors understood to include Singapore's GIC.
Astorg seeks €1bn-plus continuation fund for ‘TIC’ industry asset
The firm has previously tapped the secondaries market to run a €1.3bn single-asset process on investor administration group IQ-EQ.
StepStone buys in VC strip sale with double unicorn exposure
Primary Venture Partners ran the secondaries process to generate liquidity for limited partners in its first fund.